Chesapeake Share News

Chesapeake CEO Retains Defense Lawyer Pickholz -Reuters

Chesapeake Energy Corp. (CHK) chief executive Aubrey McClendon has hired defense attorney Marvin Pickholz, who was once a director of enforcement at the Securities and Exchange Commission, to counsel him in connection to an inquiry into $1.3 billion in personal loans, Reuters reported Tuesday, citing people familiar with the situation. Separately, Chesapeake has hired law firm Bracewell & Giuliani and partner Patrick Craine, also a former SEC staffer, to represent it in the probe, according to Reuters, citing sources. A Chesapeake spokesman declined to comment to Reuters. Full story at http://www.reuters.com/article/2012/06/05/us-chesapeake-mcclendon-lawyer-idUSBRE85417R20120605 Write to us at nymonitoring@dowjones.com